Vimi Fasteners plans for growth in U.S. and Europe.

In recent years, Italy-based Vimi Fasteners has invested in new equipment and R&D projects, collaborating with research centers to develop new high-performance products.

“A few months ago we started a collaboration with external companies specialized in implementing AI in manufacturing processes in order to optimize shop floor scheduling and the best use of production assets,” explained CEO Marco Sargenti.

About 70% of sales comes from foreign markets, including 50% in Europe and 10% in the U.S.

U.S. sales are growing thanks to relationships developed with new customers and new applications in emerging industrial sectors, according to the company.

“We want to strengthen and extend our business activities by increasing commercial coverage both in geographical areas where we are already present and in new markets where, sales of our products, have good growth opportunities,” Sargenti stated.

Growth in India and China is limited by “strong local competition.”

“Each geographic area has its own peculiarities, its own cultural and business management characteristics: we are striving to get to know them thoroughly and reap the benefits of our collaborations customer by customer,” added commercial director Emanuele Minciarelli.

Founded in 1967, Vimi Fasteners designs and manufactures engineered fasteners for the automotive, industrial, oil & gas and aerospace sectors. Web: vimifasteners.com